Hussans Promise Center for Mentoring and Education

Analysis

Hussans Promise Center for Mentoring and Education is a registered charity in United States, based in Lithonia, GA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hussans Promise Center for Mentoring and Education reported income of $56k and spending of $42k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $56k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hussans Promise Center for Mentoring and Education sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Lawler Irish Fest Inc ($56k), Bukoba Childrens Foundation ($56k) and Youngsville Athletic Association ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.